Due to Reddit wallstreetbets pumping some of the stocks like GameStop (GME) and AMC , this has created a massive surge in volatility. For ex GME was trading at $12 per share during Dec 2020, one month later in January 2021 price spiked up to $350 per share. A week later price dropped to $46
Understanding your account margin requirements can be very difficult especially for the new investors. I will demystify it for you so you do not get a margin call like I did! What is Margin? Margin is borrowing money from the broker to buy stocks, futures, commodities, bonds and options. A Screenshot of Portfolio View in
I have an iPhone and I use built in Stocks app to monitor what is happening in the market. The Stocks app icon looks like this Once you load the app it is very easy to add stocks with their ticker names. It is not so straight forward to monitor Commodities or Futures prices though.
I always think about the film The Big Short when I talk about this topic. Before I started trading I had to watch this film two times to make some sense of it. If you got it when you first watched it then you beat me to it 🙂 What is Shorting? ‘Short selling‘ or